News

Daily Markets Briefing: STI down 0.56%

ST Engineering led the gains amongst top active stocks with a 3.67% expansion.

Singapore strata retail sales value slashed by half in H1 amidst COVID-19 woes

The total transacted value dropped to S$67.4m in H2 2020 from S$135m in H2 2019.

Chart of the Day: Freehold strata office sales down 34.1% to $106.2m in H1

Despite the fall in total transaction volume and sales, the average unit prices rose.

Daily Markets Briefing: STI up 1.28%

Medtecs International led the gains amongst top active stocks with a 10.64% expansion.

MAS commits $250m to drive innovation, local talents in fintech

The regulator plans to raise the maximum grant for AIDA project from $1m to $1.5m.

CDL's profit plunged 99.1% to $3.15m in H1

Hotel operations accounted for 82% of the drop in revenue.

SIA Engineering senior management takes on more pay cuts

Cuts on senior vice presidents, executive vice president and the CEO rose to 20%- 30%.

Olam posts 44.4% profit growth to $332.7m in H1

It was thanks to a net exceptional gain of $130.6m from the divestments in Far East Agri.

PropNex's profit spiked 96.1% to $7.26m in Q2

Revenue also rose thanks to increased commission income from project marketing services.

Yanlord's profit down 59% to $97.41m in H1

They recorded a decline in average selling price per square metre.

Temasek and Bayer form new agribusiness venture

Dubbed as Unfold, it utilises the seed genetics from vegetable crops to develop seed varieties.

Listed, local, and international firms hailed at the Singapore Business Review Awards

Over 25 firms were awarded in the first-ever digital awards presentation.